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Fly News Breaks for February 8, 2017
ZG, Z
Feb 8, 2017 | 07:51 EDT
Benchmark analyst Daniel Kurnos admits that Zillow Group's FY17 guidance was even more conservative than he was anticipating, but he'd use a post-earnings pullback as a buying opportunity, noting that Premier Agent revenue continues to be strong and that the company's initial guidance has "always proved meaningfully conservative." The analyst, who also believes Zillow is continuing to take market share, has a Buy rating and $43 price target on the stock.
News For Z;ZG From the Last 2 Days
Z
Apr 26, 2024 | 12:45 EDT
Bullish option flow detected in Zillow with 7,990 calls trading, 3x expected, and implied vol increasing almost 2 points to 60.56%. May-24 51 calls and Jun-24 45 calls are the most active options, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 0.11. Earnings are expected on May 1st.
Z, ZG
Apr 25, 2024 | 17:08 EDT
Real Estate Services Analysts, along with James Dwiggns, CEO of NextHome, discuss the latest perspectives on the proposed National Association of Realtors (NAR) Settlement and the implications on brokerage business models (relevant companies ZG/Z, CSGP, COMP, RDFN, EXPI, HOUS, FTHM, REAX, RMAX) on an Analyst/Industry conference call to be held on May 1 at 11 am.
ZG, Z
Apr 24, 2024 | 08:08 EDT
Jefferies raised the firm's price target on Zillow to $77 from $75 and keeps a Buy rating on the shares. The firm expects upside in Q1, though higher mortgage rates and softer housing data exiting the quarter could encourage Zillow to guide Q2 conservatively. Still, the firm sees tailwinds from new products driving upside to consensus in the coming years, the analyst added in a preview note for the U.S. Internet group.